Conversation

Notices

1. cyberpunklord420 (ehhh@varishangout.net)'s status on Saturday, 16-Dec-2023 15:47:45 JST cyberpunklord420

   • チャノさん
   I don't know jack about BTC, ETH or LTC but I have no choice except to convert my XMR to one of them because... monero is so good that it's practically useless now (unless you want to commission art from me)
   
   @japananon which e-rupee is good?
   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Saturday, 16-Dec-2023 15:47:43 JST チャノさん

     in reply to

     • Phantom Palladium

     @hazlin @ehhh Before you trade your XMR away, consider looking at https://coincards.com . They have a BTCPay server configured to accept Monero, and they have a decent variety of prepaid cards/gift cards for a a lot of different services.

     Failing that, https://trocador.app/en/prepaidcards/ and https://spendit.finance/ offer prepaid credit cards in exchange for XMR. Limited value and non-refillable, but useful nonetheless.

   • Phantom Palladium (hazlin@amala.schwartzwelt.xyz)'s status on Saturday, 16-Dec-2023 15:47:44 JST Phantom Palladium

     in reply to

     • チャノさん
     @ehhh @japananon too few places to spend XMR? I've seen that you can buy VPS time with it, but that is about it.
   • cyberpunklord420 (ehhh@varishangout.net)'s status on Saturday, 16-Dec-2023 17:21:34 JST cyberpunklord420

     in reply to

     • チャノさん
     • Phantom Palladium
     @japananon @hazlin This doesn't answer the question but helpful for future reference.
     
     I don't think I'm ready to use another prepaid card, in my experience those are facing a very similar problem with monero as well
     
     It's crazy, like what's even the point. A vendor with a sign featuring a red-and-orange overlapping circles, okay, cool. Rejects my prepaid card anyways. Regretfully I did not get to finish the remainding funds in my last one because it was getting denied everywhere, even for one-time payments.
   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Saturday, 16-Dec-2023 17:21:34 JST チャノさん

     in reply to

     • Phantom Palladium

     @ehhh @hazlin You're right, it doesn't.

     To more directly answer your question, BTC probably has the most usability out of tge lot, being the most popular and highly valued. ETH fees are a huge pain in the ass. idk shit about LTC, though

     Your experience with prepaids may be different from mine... I practically live off them sometimes, though it's usually hooking them up to one of Japan's cashless pay apps as a kind of intermediary.

   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Saturday, 16-Dec-2023 17:28:06 JST チャノさん

     in reply to

     • Phantom Palladium

     @ehhh @hazlin I'll also ass, hodling in XMR and siphoning small amounts off to BTC as/when needed has been a pretty good second best scenario for me. It does a lot to obfuscate chainalysis compared to working in BTC exclusively.

   • luithe (luithe@varishangout.net)'s status on Sunday, 17-Dec-2023 03:16:16 JST luithe

     in reply to

     • チャノさん
     @ehhh @japananon quick question, in the us, don't you need to fill out a form to the IRS after your crypto purchases and holding on to them? :gura_think:
   • cyberpunklord420 (ehhh@varishangout.net)'s status on Sunday, 17-Dec-2023 03:34:00 JST cyberpunklord420

     in reply to

     • luithe
     • チャノさん
     @luithe @japananon I wouldn't know because I have never purchased crypto in the US. In fact I have never purchased crypto in my life.
     luithe likes this.
   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Sunday, 17-Dec-2023 13:35:53 JST チャノさん

     in reply to

     • Phantom Palladium

     @ehhh @hazlin If you just need a wallet to hold small amounts long enough to spend them, Andreas Schildbach's "Bitcoin Wallet" on FDroid is simple and good enough:

     https://f-droid.org/en/packages/de.schildbach.wallet/

     If you're looking to hold BTC long term, Samourai Wallet or Sparrow Wallet are a bit more feature rich:

     https://samouraiwallet.com/
     https://www.sparrowwallet.com/

     It's a good idea to use Mempool to keep track of network fees. If you send a transaction with too low a fee, it can get stuck for quite a long time before it's confirmed:

     https://mempool.space/

     The fees have been getting pretty crazy lately, which is a bit of an issue. But it's worth remembering that paying Medium or higher priority fees only matters if you absolutely need it to confirm promptly. If you're willing to wait hours, or a day, then lower fees are fine.

   • cyberpunklord420 (ehhh@varishangout.net)'s status on Sunday, 17-Dec-2023 13:35:54 JST cyberpunklord420

     in reply to

     • チャノさん
     • Phantom Palladium
     @japananon @hazlin TGE? And alright... I guess I'll go with BTC. I've never dealt with it before, know any good wallets and stuff starting out?
     
     I don't use prepaids a lot, I mostly go by my day with cash. There's definitely sum ting wong with the west's gift card system as even the brand-specific ones do not work half the time.
   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Sunday, 17-Dec-2023 13:36:58 JST チャノさん

     in reply to

     • Phantom Palladium

     @ehhh @hazlin

     >TGE?

     It's "the", I just fat-fingered

   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Sunday, 17-Dec-2023 14:28:36 JST チャノさん

     in reply to

     • Phantom Palladium

     @ehhh @hazlin I'm not a Wasabi user, full disclosure, but from what I've read both Samourai and Wasabi use CoinJoin for anonymity, just in different ways. I'm not sure how Wasabi's implementation is better, but a few years ago Wasabi made the news for blacklisting certain bitcoin addresses to "avoid trouble for the company":

     https://www.coindesk.com/tech/2022/03/14/wasabi-wallets-coinjoin-coordinator-to-blacklist-certain-bitcoin-transactions/

     They were probably scared of glowies kicking in their door, but it didn't earn them a lot of love. Samourai, afaik, has never opted to blacklist anyone. In purely practical terms, though, I don't think there's any reason not to use Wasabi. Make of that information what you will.

   • cyberpunklord420 (ehhh@varishangout.net)'s status on Sunday, 17-Dec-2023 14:28:37 JST cyberpunklord420

     in reply to

     • チャノさん
     • Phantom Palladium
     @japananon @hazlin do you know anything about wasabi wallet? I don't know much about it but I've heard that it's better for privacy ¯\_(ツ)_/¯
   • チャノさん (japananon@mitra.anon-kenkai.com)'s status on Sunday, 17-Dec-2023 17:05:57 JST チャノさん

     in reply to

     • Phantom Palladium

     @ehhh @hazlin Oh, sorry, I wasn't thinking. For desktop, maybe Sparrow or Wasabi might be better.

     Most decent wallets have a backup/export -> restore/import feature, but I think they usually only work internally (Samourai backups can only be restored on Samourai, etc). Of course, if you use your seed words you can restore the wallet just about anywhere, but I guess that's a more extreme option.

   • cyberpunklord420 (ehhh@varishangout.net)'s status on Sunday, 17-Dec-2023 17:05:58 JST cyberpunklord420

     in reply to

     • チャノさん
     • Phantom Palladium
     @japananon @hazlin Alright, I'll go with Samurai then. Thanks for the help.
   • cyberpunklord420 (ehhh@varishangout.net)'s status on Sunday, 17-Dec-2023 17:05:58 JST cyberpunklord420

     in reply to

     • チャノさん
     • Phantom Palladium
     uhh, wtf, it's mobile only.
     
     Hey @japananon, can you export your wallet as a file the same way the Monero wallet lets you? Anything that can run android stuff in my house is not to be trusted to hold data for long periods of time. 😬
     
     @hazlin